French solar developers, financiers and utilities have said government plans to cut subsidies for PV project owners would lead to an “economic catastrophe” that could threaten the country’s energy transition.
Independent power producer (IPP) Amarenco Group has secured €150 million (US$176.8 million) in funding as it looks to ramp up solar project development in Europe and Asia.
Two more utility-scale solar projects in Texas with a combined capacity of more than 400MWdc have closed financing, continuing the Lone Star state’s booming solar run.
The levelised cost of electricity (LCOE) of solar in the UK could fall to just £28/MWh by 2040, according to new projections published by the country’s government.
A round-up of recent developments in the US solar market, including news of Vivint Solar sealing US$300 million of tax equity commitments and Bank of America signing a solar PPA in Texas.
Solarcentury and Dutch banking firm Rabobank have reached financial close on a €20 million (US$22.4 million) deal to support the development of two utility-scale solar farms in the Netherlands.
A just-commissioned solar and battery storage system will reduce diesel consumption by at least 80% at a base for 300 humanitarian workers in South Sudan managed by UN migration body IOM.
US-based independent power producer (IPP) sPower has closed a US$350 million tax equity commitment from banking giant Wells Fargo to support its Spotsylvania Solar Energy Center project.
